In June–July 2014, PLA was highlighted in China’s bio-based material market, covering not only its fiber, plastics and disposal products, but also the fermentation technology to produce lignin-based PLA. Obviously, PLA was the most active player in the domestic bio-based material market in these two months.
In this issue, CCM mainly focused on the application of PLA materials, and had an in-depth interview with Mr. Zhang Naiwen, senior R&D engineer of TONGJIELIANG. In his view, PLA boasts natural advantages in the application of disposal products, especially in female sanitary products. Meanwhile, Mr. Zhang pointed out that technology wasn't the sole obstacle for the PLA industry in China. Besides, CCM conducted an analysis on the overall situation of bio-based materials domestically, disclosing how the market runs under the ineffective cooperation among the government, enterprises and market and providing suggestions for the investors based on the current situation.
In addition, CCM emphasized the raw materials and paid special attention to the BDO market. Specially, an analysis on the bio-based BDO market was made. As the whole BDO market is confronted with overcapacity, CCM believed that the development of bio-based BDO would not be so optimistic because of its price and application fields. Moreover, regarding the high corn prices, CCM had concise analysis and predicted that the corn imports would be drawn back in H2 2014.
The RMB/USD exchange rate in this issue is USD1.00=RMB6.1523 on 1 July, 2014, sourced from the People's Bank of China.
If you would like to cover any specific topics or investigate any covered subjects in more details, please contact us on +86-20- 3761 6606, or econtact@cnchemicals.com.
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